Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2615 Blairs Fry NE Rd Cedar Rapids, IA 52402

OFF-MARKET
Drive through restaurants
Property ID
US25-0261512
1,810 SF 0.62 ac lot Built 2006
Last sale Oct 2014 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 2615 Blairs Ferry Road NE is a drive-through retail site consisting of a 1,810-square-foot building situated on a 0.622-acre lot. It is currently configured to support a drive-through tenant, and the interior/exterior layout is described as reconfigurable to accommodate other retail or QSR uses, subject to applicable approvals. The site is positioned along Blairs Ferry Road in Cedar Rapids, a heavily traveled retail corridor, and provides regional access with Interstate 380…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$24k
Tax billed · 2022
Assessed value · 2023$803k
Assessed land$253k
Assessed improvement$549k
Effective rate3.02%

Value estimate

· Oct 2026
$305k
$275k – $336k
AI approach$310k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$158/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$95 – $216

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.8
Electrical Service10.2
Kitchen & Bath10.1

Location

2615 Blairs Fry NE Rd Cedar Rapids, IA 52402-1802
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
190 Collins NE, Cedar Rapids, IA 52402-3229 $10,062,500 Sep 2024 3,059 SF
821 Shaver NE, Cedar Rapids, IA 52402-4507 $425,000 Dec 2023 1,216 SF
1449 B NE, Cedar Rapids, IA 52402-5142 $85,000 Nov 2023 1,200 SF
3100 1st NE, Cedar Rapids, IA 52402-4404 $150,000 Dec 2022 2,082 SF
1430 1st NE, Cedar Rapids, IA 52402-5023 $1,300,000 Dec 2022 3,278 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 2615 Blairs Fry NE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved